Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$680M |
| 2 |
Microsoft
MSFT
|
+$506M |
| 3 |
UnitedHealth
UNH
|
+$393M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$381M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$348M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.24B |
| 2 |
Tesla
TSLA
|
+$450M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$444M |
| 4 |
TSMC
TSM
|
+$432M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Financials | 0.79% |
| 4 | Healthcare | 0.66% |
| 5 | Industrials | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
11201
Bogota Financial
BSBK
$113M
| $201K | ﹤0.01% |
25,677
-4,803
| -16% | -$34.5K |
|
11202
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $201K | ﹤0.01% |
10,100
-39,700
| -80% | -$725K |
|
11203
CALL
Global X Gold Explorers ETF NEW
GOEX
$131M
| $200K | ﹤0.01% |
+4,400
| New | +$188K |
|
11204
Invesco S&P SmallCap Financials ETF
PSCF
$27.8M
| $200K | ﹤0.01% |
+3,692
| New | +$191K |
|
11205
CALL
Alta Equipment Group
ALTG
$237M
| $200K | ﹤0.01% |
31,700
+15,000
| +90% | +$75.9K |
|
11206
SEACOR Marine Holdings
SMHI
$268M
| $200K | ﹤0.01% |
39,258
+2,821
| +8% | +$14.3K |
|
11207
CALL
N-able
NABL
$650M
| $200K | ﹤0.01% |
+24,700
| New | +$184K |
|
11208
CALL
American Battery Technology Co
ABAT
$340M
| $200K | ﹤0.01% |
123,400
-699,100
| -85% | -$908K |
|
|
RIOX
11209
Defiance Daily Target 2X Long RIOT ETF
RIOX
$13.7M
| $200K | ﹤0.01% |
4,489
-29,671
| -87% | -$827K |
|
11210
Nuveen California Municipal Value Fund
NCA
$303M
| $199K | ﹤0.01% |
+22,980
| New | +$195K |
|
11211
CS Disco
LAW
$286M
| $199K | ﹤0.01% |
45,533
-11,686
| -20% | -$45.8K |
|
11212
PUT
Certara
CERT
$1.22B
| $199K | ﹤0.01% |
+17,000
| New | +$201K |
|
11213
CALL
1-800-Flowers.com
FLWS
$262M
| $199K | ﹤0.01% |
40,400
-7,600
| -16% | -$39.4K |
|
11214
PUT
Jasper Therapeutics
JSPR
$26.3M
| $199K | ﹤0.01% |
+35,800
| New | +$176K |
|
11215
CALL
Polestar Automotive Holding UK
PSNY
$2.06B
| $199K | ﹤0.01% |
6,187
-10,766
| -64% | -$342K |
|
11216
Neumora Therapeutics
NMRA
$296M
| $199K | ﹤0.01% |
270,776
+88,435
| +48% | +$67K |
|
|
AGEN
11217
PUT
Agenus
AGEN
$329M
| $198K | ﹤0.01% |
43,400
+30,300
| +231% | +$105K |
|
11218
GraniteShares 1.25x Long TSLA Daily ETF
TSL
$11.9M
| $198K | ﹤0.01% |
15,774
-64,215
| -80% | -$768K |
|
11219
TaskUs
TASK
$688M
| $198K | ﹤0.01% |
+11,816
| New | +$180K |
|
11220
CALL
Lyell Immunopharma
LYEL
$342M
| $198K | ﹤0.01% |
+22,400
| New | +$204K |
|
11221
DocGo
DCGO
$65.9M
| $198K | ﹤0.01% |
126,119
-43,101
| -25% | -$80.3K |
|
11222
Puma Biotechnology
PBYI
$456M
| $198K | ﹤0.01% |
57,724
-15,147
| -21% | -$48.3K |
|
11223
PUT
HighPeak Energy
HPK
$940M
| $198K | ﹤0.01% |
20,200
-9,900
| -33% | -$97.6K |
|
11224
RE/MAX Holdings
RMAX
$268M
| $198K | ﹤0.01% |
24,158
-20,681
| -46% | -$161K |
|
11225
PUT
MediWound
MDWD
$174M
| $198K | ﹤0.01% |
+10,200
| New | +$192K |
|
Similar funds
Susquehanna International Group's Q2 2025 Portfolio in Review
As of Q2 2025, Susquehanna International Group held 14,080 positions worth $720B, up 23% from $586B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group deployed $32.3B of net new capital in Q2 2025, opening 1,720 new positions and adding to 5,716 existing holdings. Its largest new stake was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $5.24B trimmed.
- Susquehanna International Group's largest Q2 2025 buy was iShares Core MSCI Total International Stock ETF: 1,549,778 shares worth $120M.
- Susquehanna International Group added most to Apple in Q2 2025, an estimated $680M increase.
- Susquehanna International Group's biggest Q2 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.24B.
- Susquehanna International Group fully exited Vanguard Intermediate-Term Bond ETF in Q2 2025, selling an estimated $61.8M.
- Susquehanna International Group's ten largest holdings make up 26% of its $720B portfolio in Q2 2025.
- Susquehanna International Group opened 1,720 new positions and closed 1,538 in Q2 2025.
- Susquehanna International Group's portfolio value rose 23% quarter-over-quarter to $720B.
Based on Susquehanna International Group's 13F filing for Q2 2025, filed 14 Aug 2025.